Thermo Fisher Scientific Earnings, Revenue Beat in Q1
2022.04.28 13:13
Thermo Fisher Scientific Earnings, Revenue Beat in Q1
Investing.com – Thermo Fisher Scientific (NYSE:TMO) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Thermo Fisher Scientific announced earnings per share of $7.25 on revenue of $11.82B. Analysts polled by Investing.com anticipated EPS of $6.22 on revenue of $10.7B.
Thermo Fisher Scientific shares are down 22% from the beginning of the year, still down 22.59% from its 52 week high of $672.34 set on December 31, 2021. They are under-performing the S&P 500 which is down 12.22% from the start of the year.
Thermo Fisher Scientific follows other major Healthcare sector earnings this month
Thermo Fisher Scientific’s report follows an earnings beat by UnitedHealth on April 14, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on April 19 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
